Did I Make the Right Choice (Moelis v PJT)
Some background: I'm an econ major at a target school, went through OCR last month, and was fortunate enough to land offers from Moelis NY and PJT NY (RSSG).
I felt I made stronger connections at Moelis. Additionally, I and am not positive if I 1000% want to do distressed in the future, so I figured that Moelis being a mixed M&A and restructuring analyst program provided greater flexibility. I ended up signing with Moelis.
Over the past few weeks I've seen lots of post on this site hyping up PJT, and RSSG in particular, and was curious for people's thoughts on my decision, or if anyone else faced a similar decision and could say how things turned out for them.
i'm going to take a different approach to this answer.
lets go over what we know for certain: 1. you can't go back in time 2. you got/accepted an offer from a fantastic bank with great exits
theres no going wrong with 2 banks of that standard, despite what some ppl on here will say, and being honest, going in with any kind of 'what if' attitude will just mess you up
the star analyst from PJT and Moelis will both place extremely well- why even bother with what might have happened? your stronger connections at Moelis will help you become that rockstar analyst
all im trying to say is that people love generalizing the difference between options without understanding that in the grand scheme of things, your initial choice doesn't matter- what you do over the next 2 years will
Your reasoning was solid and mature. As everyone above has been saying, you're going to be fine.
I don't know much about PJT RSSG, but think that a lot of people signing with Moelis are overlooking its (really concerning) cultural issues. From what I understand, there are a ton of summers that got returns who don't want to go back because they got worked to the bone.
Yeah this is right - though some people apparently were fine with the workload. It is a great experience, but I agree people should be aware of how crazy the hours are. I didn't think there was a "real" difference between the better banks/groups...until I saw a guy work at Moelis.
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